federal government spending is up 10%. defense spending is up 13%. >> that's the biggest, right there, defense spending was the highest chunk of this entire thing. also farm spending. we had those big droughts this summer. so all of this federal drought aid went to farmers out there. that looks like, you know, looks like things are growing but it's actually just as a way of buffering against what the droughts that they had to deal with. >> so john from the "new york post" came out with with article that said what mitt romney did in ames, iowa on thursday was possibly the most significant speech that he has given since the republic national convention because he zeroed in on the economy made people there a troubled economy is not the only thing i inherited. he also inherited the greatest nation in the history of the earth. what he inherited wasn't the only problem. what he did with what he inherited made the problem worse. in just four short years he borrowed $6 trillion nearly. adding almost as much debt held by the public